Michael Dolezal & CO, CPAs & Business Advisors

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Michael Dolezal & CO, CPAs & Business Advisors No annoying tax professional lingo. Just straight, authoritative and friendly expert advice. We make it our business to understand your business.

We're committed to collaborating with our clients to realize value and savings through effective, ongoing tax and business planning. We emphasize timely communication and working to create and implement strategies which maximize after tax value. We provide customized, comprehensive accounting, tax, and management advisory services to hundreds of businesses throughout Ohio and across the country. We provide strategies for reducing tax liability and maximizing profits to ensure success and growth. Give us a call today!

If you bought a rental property this year, a little organization now can save a lot of questions later.These three thing...
10/14/2026

If you bought a rental property this year, a little organization now can save a lot of questions later.

These three things are important to keep in one place:

1. Your closing statement, which helps establish the property’s tax basis.

2. The date the property was first ready to rent, since depreciation generally starts when the property is placed in service.

3. Receipts for work completed before the first tenant moved in, because those costs may be treated differently from repairs made later.

If you purchased a rental in Northeast Ohio this year and want to make sure you have the right records saved, we can help you review them before tax season.

If you are hoping to qualify for real estate professional status in 2026, now is a good time to check your hours.General...
10/09/2026

If you are hoping to qualify for real estate professional status in 2026, now is a good time to check your hours.

Generally, you need more than 750 hours during the year in real property trades or businesses in which you materially participate. You must also spend more than half of your total working time in real estate.

Just as important is keeping a good record of those hours. A log that includes dates, properties, and the work performed is much easier to support than trying to recreate a year’s worth of activity at tax time.

With a few months left in the year, you still have time to see where you stand and make sure your records are in order.

If you have questions about real estate professional status or other tax considerations related to your properties, we can help. Schedule a discovery call with our team: https://scheduler.zoom.us/michael-dolezal/discovery-meeting

If you filed an extension in April, your extended filing deadline is October 15.The extension gave you more time to file...
10/08/2026

If you filed an extension in April, your extended filing deadline is October 15.

The extension gave you more time to file, but not more time to pay. If you still have a balance due, filing and paying now can help keep additional penalties and interest from continuing to build.

If your documents are mostly together, you still have time to finish the return. And if you are waiting on something like a K-1 or 1099, it is worth addressing it now rather than waiting until the deadline gets closer.

If you are not sure what is still needed or what to do about a missing document, we can help you review the situation and determine the next step.

Debbie is an Accounting Manager at Michael Dolezal & Co. with more than 18 years of public accounting experience and ano...
09/30/2026

Debbie is an Accounting Manager at Michael Dolezal & Co. with more than 18 years of public accounting experience and another decade in the private sector.

Having worked in roles ranging from Accounting Manager to Controller, she understands the financial side of a business from several different perspectives. That experience helps her bring a practical, hands-on approach to the work she does with our clients.

Debbie holds both a Bachelor’s and Master’s degree in Accounting from the University of Phoenix and is currently working toward her Enrolled Agent (EA) certification.

We’re proud to have Debbie on the Michael Dolezal & Co. team!

Your business structure may have made perfect sense when you started. That does not always mean it still fits today.As y...
09/23/2026

Your business structure may have made perfect sense when you started. That does not always mean it still fits today.

As your income changes, ownership shifts, or the business grows, it is worth taking another look at whether your current entity structure still makes sense for your tax and financial situation.

We help business owners review these decisions in the bigger-picture context, not just the paperwork.

If your business has changed since your entity was first set up, schedule a discovery call with our team to see whether it is time for a review: https://scheduler.zoom.us/michael-dolezal/discovery-meeting

Not every business needs a CFO. Sometimes the more immediate need is simply having accurate, up-to-date books.If cash fl...
09/21/2026

Not every business needs a CFO. Sometimes the more immediate need is simply having accurate, up-to-date books.

If cash flow problems are catching you by surprise, your accounting software is becoming a headache, or you have to dig to see how the business performed last month, it may be time to get some help.

That usually does not mean your business is being run poorly. It just means the bookkeeping side needs more consistent attention.

For many business owners, monthly bookkeeping is a practical way to stay current, understand the numbers, and make decisions with better information.

Plenty of accounting firms can prepare a tax return for a contractor. That is not the same as understanding how a constr...
09/17/2026

Plenty of accounting firms can prepare a tax return for a contractor. That is not the same as understanding how a construction business operates.

Job costing, retainage, equipment financing, multi-year contracts, and seasonal cash flow are part of the work we see regularly. Because contractors and tradespeople make up a meaningful part of the businesses we serve across Northeast Ohio, those issues are familiar territory for our team.

That matters for the questions you ask, the numbers you review, and the advice you receive throughout the year.

If you are looking for an accounting partner that understands the construction side of the business, let's talk. Schedule a discovery call with our team: https://scheduler.zoom.us/michael-dolezal/discovery-meeting

If you missed the Q3 estimated tax deadline, the best next step is to address it as soon as you can.Paying late is gener...
09/16/2026

If you missed the Q3 estimated tax deadline, the best next step is to address it as soon as you can.

Paying late is generally better than letting the balance sit, since penalties and interest can continue to add up over time. And if the payment was missed because cash flow was tight or a client payment came in later than expected, that is worth discussing too.

Tax issues are usually easier to manage when they are handled early. If you are not sure what to do next, we can help you look at the situation and understand your options.

The Q3 estimated tax deadline is 5 days away!If your payment has already been processed, you are in good shape. If not, ...
09/10/2026

The Q3 estimated tax deadline is 5 days away!

If your payment has already been processed, you are in good shape. If not, there is still time to take a quick look before September 15th.

Start with your year-to-date income through August and compare it with the assumptions used to calculate your estimated payments earlier this year. If income has come in higher than expected, your payment may need to be adjusted.

Estimated taxes are easier to manage when they are reviewed before the deadline rather than guessed at the last minute.

If you are unsure whether your current payment still makes sense, this is a good week to check in with your CPA.

If you own rental property, the difference between a repair and an improvement can directly affect how the cost is treat...
09/09/2026

If you own rental property, the difference between a repair and an improvement can directly affect how the cost is treated for tax purposes.

A repair generally restores the property to its previous condition, such as fixing a leak or replacing a broken window, and may be deductible in the current year.

An improvement typically adds value or extends the property's useful life, such as replacing a roof or remodeling a kitchen, and its cost is generally recovered over time.

The line between the two is not always clear, so it is worth understanding how the work will be classified before the project begins.

If you are planning work on a rental property and want to understand the tax treatment before you move forward, schedule a discovery call with our team: https://scheduler.zoom.us/michael-dolezal/discovery-meeting

Address

Cleveland
Middlefield, OH
44103

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm
Saturday 9am - 4pm

Telephone

+12164852028

Website

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